Year 2024

Nigerians bought N16tn fuel, generators in 2023 – FG

IN 2023 alone Nigerians spent a total of N16.5 trillion to buy diesel, petrol agenerators to get electricity, the Federal Government announced on Tuesday. It also announced that the formal power sector, including electricity generation, transmission, and distribution companies, made…

Uganda Raises Import Duty On Electric Vehicles To 25%

UGANDA has raised the import duty on fully electric vehicles, hybrid vehicles, and electric motorcycles from zero to 25 percent in the current financial year. This change has significantly increased the cost of these vehicles. For instance, the price of…